Wealth Enhancement Group has signed a definitive agreement to acquire AEPG Wealth Strategies, a registered investment adviser business based in Warren, N.J., with more than $1 billion in combined client assets.
Financial terms of the transaction, which is expected to close on Oct. 1, 2019, were not disclosed.
The transaction is the firm’s 13th acquisition over the past six years, and marks Wealth Enhancement Group’s first location in New Jersey. The transaction bolsters the firm’s East Coast presence, while intensifying its ongoing momentum in establishing Wealth Enhancement Group as a leading national wealth management and financial planning brand, driven by a combination of organic growth and targeted acquisitions in key markets across the country.
AEPG has 27 employees and serves more than 600 advisory and retirement plan clients. The firm offers planning and advisory services to individuals and families, including retirement planning, education planning, investment management, cash flow management and tax strategies. It also helps businesses establish and manage retirement plan and employee benefits programs. Additionally, AEPG has specialized expertise in advising medical professionals, such as doctors and dentists, with respect to their unique financial concerns, as well as designing and implementing comprehensive employee benefits packages for manufacturers.
